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rupert murdoch with tough questions later today, outraged over a string of allegations reporters for the paper hacked mobile phones to get scoops. murdoch's apologized. much more on the story justice ahead on "world business today." one of the first journal itss who exposed phone hacking by "news of the world" has been found dead. sean ward said andy coulson hacked into phones. police are not treating the death as suspicious. >>> a u.s. official says a meeting between the u.s. and libya at the weekend was meant to deliver one message, that moammar gadhafi must go. libya called the face-to-face talks in tunisia a first step. the u.s. says the meeting was a one-off event. >>> the women's world cup team soaked up the limelight after bringing japan its first cup title. japan's the first asian nation with a world cup championship. those are the headlines. auto' jane verjee at cnn in london. "world business today" starts now. >> a very good afternoon to you from cnn hong kong, i'm alicia tank. >> good morning from cnn london. you're watching "world business today." time to testify, new
.k. phone hacking scandal. i'm kiran chetry. in just hours, rupert murdoch will face parliament. we're live in london. >> no break in the debt ceiling talks but the white house insists that backstage progress is being made to reach a deal before the august 2nd default deadline on this "american morning." >>> good morning to you. thank you for being with us. 6:00 a.m. in new york this morning. tuesday, july 19th. i was hearing that in parts of iowa the heat index felt like 130 yesterday. it's been brutal out there. >> even this morning on the east coast, it felt different. it felt hotter. we'll be covering that. >>> we're watching that and millions are watching with a worldwide media empire hanging in the balance rupert murdoch is just hours away from facing his defining moment. in less than four hours, murdoch, his son and former top newspaper executive will appear before the british parliament. >> they will be asked what they knew about this phone hacking scandal that's growing wider by the day. it's threatening to take down news corp and perhaps murdoch himself. >> and the question is wha
citizen, so she is compelled to go, although we do have news this morning that both rupert murdoch and his son, while rupert murdoch is not a british citizen, will in fact testify before parliament. there she is, rebekah brooks, being supported by rupert murdoch, she has offered her resignation and has left the company. >>> can you guess which newsmaker made this statement about media mogul rupert murdoch and the news of the world's alleged hacking of 9/11 victims here in the united states? quote, he is a very honorable, honest man. this can't be something that he would have had anything to do with. we'll tell you who said it right after this quick break. nine minutes after the hour. [ man ] they said i couldn't win a fight. but i did. they said i couldn't fight above my weight class. but i did. they said i couldn't get elected to congress. but i did. ♪ sometimes when we touch ha ha! millions of hits! [ male announcer ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. >>> 12 minutes after the hour. before the break, we asked you if you could
finance and criminal allegations, the whirlwinds rocking rupert murdoch's mighty mediame empire. >>> markets in europe are deep in the red on heels of steep markets across asia. how are things moving where you are? >> down, a third session of losses and quite heavy ones. let's check in with the markets. really quite heavy, off by more than 2%, comfortably more than 2%, and with the paris and zurich off by 2.1%, zurich off by more than 2.1% and the same theme as we saw in monday's session which is the banks very heavily being sold at the moment heavily, there is clearing great deal of worry about the contagion spreading to italy about this moving into a generalized crisis with a lot of banks really coming under pressure with non-performing government bonds on their books, and just one other theme, thomas cook is down on a profit warning, but really the whole worry about italy's finances very much putting all of that in state and look at that on the milan stock exchange we're looking at a punishing session off by 4.25%. let's move on to the currency markets not surprisingly we're
option. >> dr. gupta, appreciate your insights. >> thanks, john. >>> and later rupert murdoch said he's the best person to clean up the bribery and hacking scandal engulfing his british newspapers. members of the american postal worker's union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal service doesn't run on your tax dollars. it's funded solely by stamps and postage. brought to you by the men and women of the american postal worker's union. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> welcome back. here's the latest new you need to know right now. the fbi's arrested 16 pe
>>> rupert murdoch says the phone hacking scandal is not ultimately his fault. this hour, the rivetting testimony about the broken trust, the shattered ethics and those who should pay for alleged crimes. stand by. hackers say they turned the tables on murdoch's company, tap into internal e-mail and other corporate secrets. they're threatening to go public with what they found. and president obama embraces a bipartisan compromise that could potentially, at least, be a way out of looming debt crisis. he's urging house republicans not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happened and wanted t
and powerful on behalf of her boss and mentor, rupert murdoch. brooks first came to news international as a secretary at "news of the world." she quickly developed a reputation for her tenacity as a journalist, reportedly once disguising herself as a cleaning lady to scoop a competitor. described as both ruthless and charming, she was soon the youngest editor of the "news of the world," and shortly after "the sun," both named by murdoch's news international. she spearheaded a controversial campaign to, quote, name and shame alleged pedophiles, publishing their names and addresses in the paper. as the editor of "the sun," brooks testified to parliament that her paper had paid police officers for information. and it was under her editorship that the "news of the world" allegedly paid a private investigator to hack into the voicemail messages of millie doweller, the 13-year-old girl murdered in britain whose investigation and court case made front page headlines. those allegations did not come to light until almost a decade later, after brooks had scaled the corporate ladder to become chi
in a moment here. let's start with this. rupert murdoch and his son were supposed to be the focus of a british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow managed to get very, very close to the murdochs, too close as you're about to see. watch. so no official word yet as to who exactly that guy in the plaid shirt was. we know he was shouting you greedy billionaire, but he pushed a plateful of shaving cream into rupert murdoch's face before he was grabbed, first by his wife, if you watch it, not in this shot but you can see she was wearing that bright pink jacket, and then by authorities. they did take a quick break. he then continued jacket off to answer questions before parliament's committee on media, culture and sports. so the members wanted to know this, how much did rupert murdoch and his top executives know about the phone hacking by reporters on his payroll, how closely he followed day-to-day operations. the newspaper closed because of this whole thing. and how responsible he feels about this entire affair. >> do you accept that ultim
, you're a rupert murdoch customer. the murdochs both father and son have their work cut out for them. >> they have two different things in their testimony tomorrow. they got acknowledge responsibility. they have to say that what is completely obvious is that this wasn't abe ration, it was apparently thousands of people who were hacked and the idea they didn't know is propest rous. at the some time, they can't con fes to crimes. >> another twist a former news of the world reporter a man who blew the whistle has been found dead in his home. one of the first to go on the record saying that his colleagues were encouraged to hack. the death is being treated as unexplained but not suspicious. the hacker group hit the sun, a murdoch paper, it posted fake articles and now some hackers saying they're sitting on news of the world e-mails. >>> two weeks until america runs out of money to pay its bill. just under half of the americans have confidence that president obama will hado the right thing. they're lingering between 25 and 35%. you can see president obama at less than half. 45% is higher
relationship with rupert murdoch's media empire. >> go to used of parliament this morning. fireworks yesterday. the consensus, though, is david cameron is not likely to lose his job over this but that he's under enormous pressure right now. >> reporter: he's definitely is. he's got a lot to defend himself today. basically, this is a special day in parliament. they were supposed to go into summer recess but instead they are having this special address by the prime minister here. he's really going to try to prove a point here, that he's is going to underline the phone hacking scandal, say this is how i dealt with it and now we need to move on. here is how he put it when he was in africa for a trip. >> i don't underestimate the problem. parts of the immediate okay dreadful, illegal acts. police have questionses to answer about corruption and a failed investigation. politicians have been too close to media onus. these are big proximate but we're a big country and we'll solve it. >> reporter: now, the main issue he's going to have to teal with is why he decided to hire andy colson who was later arr
of these -- it came clear from the first couple of questions to you, rupert murdoch, that you've been kept in the dark quite a bit on some of these. is there no -- >> nobody kept me in the dark. i may have been lax in not asking more, but it was such a tiny part of our business. >> i understand that. obviously, it has come to that point, you wouldn't be here if it wasn't extremely serious. >> i'm extremely serious. >> is there no written rules that certain things have to be reported straight to the very t top? >> yes. anything that's seen as a crisis comes to me. >> mr. cain, may i? i think it's important to know there's a difference between being kept in a dark and a company that's a large company, the management of which is delegated to managers of different companies within the group and so on and so forth. i think to suggest that my father or myself were kept in the dark is a different thing from saying that actually the management and the running of these businesses is often delegated either to the chief executive of a different company or an editor or managing editor and decision-making has to b
media mogul under attack, literally and figuratively, rupert murdoch in the hot seat. >> people i trusted let me down and i think they behaved disgracefully and betrayed me and the company and it's for them to pay. >> and the lie one member of brit tissue parliament told about me. >> if all you know about tom arnold is his marriage to roseanne barr, then you don't know the half of it. >> jenny craig offered me and my wife $20 million to lose 20 pounds. who could not do that? i can think of two people. >> he'll talk about his friendship with arnold schwarzenegger. that's tom arnold and this is "piers morgan tonight." >>> good evening. a dramatic day for rupert murdoch. hours of tough questioning coming to a sudden halt with this. murdoch slattered with a shaving cream pie, thrown by a man identified as johnny marbles. murdoch's wife, wendi deng, leaping to his defense. more questions to rupert and his son james. louise mensch accused me not one but twice of boasting in a book that i had gotten scoops when i worked for the daily mirror. >> piers morgan side open until his book, clea
rupert murdoch's efforts to influence america, even his own employees are like many in our political system. split right down the middle. thank you for joining us "in the arena." i'm don lemon. thank you for joining us. piers morgan starts right now. -- captions by vitac -- www.vitac.com >>> tonight, the world's biggest media mogul under attack, literally and figuratively, rupert murdoch in the hot seat. >> people i trusted let me down and i think they behaved disgracefully and betrayed me and the company and it's for them to pay. >> and the lie one member of brit tissue parliament told about me. >> if all you know about tom arnold is his marriage to roseanne barr, then you don't know the half of it. >> jenny craig offered me and my wife $20 million to lose 20 pounds. who could not do that? i can think of two people. >> he'll talk about his friendship with arnold schwarzenegger. that's tom arnold and this is "piers morgan tonight." >>> good evening. a dramatic day for rupert murdoch. hours of tough questioning coming to a sudden halt with this. murdoch slattered with a shav
in cnn producer jonathan ward. he was not only in the room, but seated right behind rupert murdoch. you are not a cnn producer. very confusing for the pair of you. you had an amazing ringside seat to this. quite extraordinary scenes when the protester attacked rupert murdoch. what was it like for you being so close to that? >> well, it was -- it was very dramatic. at first i wasn't sure what he was doing this gentleman appeared from the back of the room. he didn't seem threatening. i thought perhaps he was trying to make his way to the other side of the room. next thing i know, he was speaking to rupert murdoch with the in to nation of someone scolding a naughty child, and he said you're a greedy billionaire, and then he took out of a plastic bag that he was holding by his side, this polystyrene plate filled with what i found out later was shaving foam. i found out because it went everywhere, including me, it was shaving foam, and plunged it in his face, prompting an almighty reaction, particularly from rupert murdoch's wife, wendi deng. >> she moved faster than a navy s.e.a.l. and took
of claiming its biggest victim. i'm talking about the news corp ceo, rupert murdoch himself. the man in charge of a global network that owns the tv challenges. book publishers and newspaper. a report says news corp is considering replacing murdoch. they say it's not a done deal but it depends on what happens when murdoch appears in front of the british parliament tomorrow and he'll answer questions of hacking phones of royal family members, celbrities and hacking done by "news of the world." if murdoch is replaced it will be a bombshell on the scandal. a scandal that grows more shocking by the day. and the latest, a whistleblower found dead in his home. shaun hoare was the first to go on record saying "news of the world" reporters were encouraged to hack into accounts. his death is being treated unexplained but not thought to be suspicious suggesting it was a suicide. this scandal is rocking britain but seems ready to explode here in the united states. the fbi investigating whether a news corp journalist tried to hack into the phones of 9/11 victims and survivors. calls in congress for a inves
rupert murdoch and his son james for hours and hearing televised all over the world. murdoch's media empire has been rocked by accusations of police payoffs, phone hacking and corruption at his british newspapers. and troughout the hearing, all of the charges kept coming back to one central question. take a listen. >> do you accept that ultimately, you are responsible for this whole fiasco? >> no. >> you are not responsible? who is responsible? >> the people that i trusted to run -- and then maybe the people they trusted. >> the murdochs did their best to distance themselves from the worst allegations, but the question still remains what exactly did they know? and what actions did they condone? one lawmaker thinks they know more than they let on. >> are you familiar with the term willful blindness? >> mr. sanders, would you care to elaborate? >> it is a term that came up in the enron scandal. willful blindness is a legal term. if there is knowledge that you could have had and should have had, but chose not to have, you are still responsible. >> mr. sanders, do you have a question? re
's biggest companies going down now that the inner circle of rupert murdoch is crumpling. >> we were spending money on private investigators doing these practices. >>> free at last, or is she? >> caylee! >> out of jail but will casey anthony ever have a moment of peace? and what was she thinking? attacking a judge? security officers to the rescue. >> she was not remorseful at all actually. >> and what is she thinking with these nails? >> do you frighten children ever? >> one on one with the nail lady. it's all right here, right now on cnn. >>> good evening, everyone. i'm don lemon. we begin with the stunning turn of events and the deepening and embarrassing hacking and bribery scandal infecting fox news channel's parent company news corp. tonight, rebecca brooks who headed up the newspapers is out on bail after her arrest earlier in the day. another shocker. the head of the same department that arrested brooks, london's metro police commissioner falls victim to the same widening scandal. >> i have taken this decision as a consequence of the ongoing speculation with news international at a sen
giant rupert murdoch. a closer look at the young wife leepg to her husband's defense. >>> plus from the streets to the stage you'll meet the korea's got talent star who is wowing the world. >>> you might remember susan boyle the woman whose voice captured the world's attention during her performance on the television show britain's got talent. now korea's got talent has discovered a new voice with an amazing story behind it. here is cnn paula hancock in seoul. >> reporter: trying to calm those last minute nerves, he seems just like thousands of other hopefuls on korea's got talent. but he's not. >> reporter: for the next ten years he lived on the streets selling gum and energy drinks. he slept in stairwells or public toilets. and then came this. ♪ >> reporter: this powerful baritone voice from a 22-year-old is as impressive as his determination to pull himself from the streets to the stage. his rendition of the italian song, "in my fantasy" reduced the judges and audience to tears. choi says he still feels uncomfortable being a part of the competition. >> reporter: but he did make
criticized for their ties to news corp. chairman rupert murdoch and the people who run his london media operation. >> the public expects is not petty political point scoring but a -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all. and it is in that spirit that i commend this statement to the house. >> in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation's debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they'll agree to raise the country's borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota's three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close the state's $5 bill
-grabbing word scandal no longer captures what's happening to rupert murdoch's empire. targets as high as the prime minister and the queen and with one of his top lieutenants arrested in london today, this is a moment of reckoning for journalism. is there really any evidence of misconduct here in the u.s.? are murdoch's critics using this crisis as an excuse to vilify him. our guests include the editor of "the guardian." how much is the press being spun by the president and the republicans. i'm howard kurtz. this is "reliable sources." >>> the murdoch media empire is in all-out damage control mode as the scandal at the british papers continues to spread on this side of the atlantic, the fbi opened a preliminary investigation on whether phone hacking took place in the u.s. and the dizzies pace of developments has made headlines around the world. >> mps finally forced murdoch to withdraw his bskyb bid. his empire has cracked, but is it broken. >> following breaking news in london where the embattled chief executive of murdoch's newspaper has resigned. >> news international will issue a s
call for an investigation of rupert murdoch's media empire as the company pays a new price for its phone hacking scandal. could a massive probe now under way in britain happen here in the united states? and the obama money-maybing machine. who's behind the cash and can the republicans compete? >>> president obama and the congressional leadership are under enormous pressure right now, about 40 minutes into their latest round of debt crisis talks. they haveless than three weeks until the deadline to raise the legal limit on the federal debt. and by all accounts, they're still very far apart. what if anything emerges from this meeting? consider the very dire warnings from the chairman of the federal reserve. ben bernanke using very strong words today, telling congress that the global financial system would be thrown into enormous disarray. that's a direct quote, if the u.s. treasury is deadbeat on its debt. >> ff we went so far as to default on the debt, it would be a major crisis. the treasury security is view as the most safest and liquid in the world. it's the foundation for much o
. >>> two weeks before the united states may plunge into financial crisis. plu, media mogul rupert murdoch is just hours away from being grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." >>> the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls armageddon. let's check in with kate baldwin. she's standing by with the latest. where do the negotiations stand right now? >> the two top republicans in the house. no official readout from the white house, but president obama says we are making progress when asked today by reporters how the debt talks were going when he was leaving an event in the rose garden. on the part of s
-out quarter. >>> media mogul rupert murdoch and his son faced certain questions from uk legislators. now the phone hacking saga rolls on with a new parliamentary report saying murdoch's news international, quote, deliberately tried to obstruct a police investigation into the now defunct "news of the world". in the meantime, prime minister david cameron is getting ready to make an emergency statement on this crisis after flying back early from a trade trip to south africa. >>> many of us here in hong kong watched that testimony and we stayed up pretty late to watch it. rupert murdoch denied any knowledge of phone hacking at the "news of the world," but it was his son james who actually did most of the talking, intervening when his father seemed at a loss for words. it was murdoch's wife wendy who intervened in a very different way. dan rivers has the details for us. >> i would just like to say one sentence. this is the most humble day of my life. >> reporter: this was how rupert murdoch started. despite his apparent contrition, he surely had no idea what was about to literally hit him. wh
to the "news of the world" and "the sun" was a part of it. >> thank you. >> miss brooks, rupert murdoch in his evidence session said quite clearly that the responsibility for the closure of "news of the world" lay fairly and squarely with senior management of that paper, which i assume that includes you. is that the case? >> i think -- i think i may have missed that part of the evidence. i think mr. murdoch said it exactly how it was, that it was a collective decision. we all talked together. mr. murdoch was abroad at the time at a conference. we all talked together -- >> is that mr. murdoch senior? >> sorry, yes, rupert murdoch. yes. >> you wanted to say something else? >> no. sorry. >> when you were advising your staff that the paper was closing, during the private session, i think you said something like there was more to come. would you like to expand on what you meant by that? >> when i went down to the newsroom, to explain the decision, clearly and quite rightly, the journalists on the "news of the world" who very honorable journalists who have been putting out a newspaper under the scru
on either side of rupert murdoch. the pressure is rising on the media mogul. it was britain's worst peacetime act of terrorism. but now, there are concerns that families of those killed on 7/7, in 2005, were also eavesdropped upon by the british tabloid, "news of the world." graham lost his son, david, in the attack. and says his phone may have been hacked by reporters. >> the thought that somebody may have been listening to me begging for david to phone home. i thought we were in a dark place and i didn't think anybody could make it darker. but i'm proved wrong. >> reporter: the phone hacking scandal is so shocking, it's prompted an emergency debate in britain's parliament. >> it's make the public. and i feel so appalled by what's happened. murder victims, terrorist victims, who had their phones hacked. that's why there's a full police investigation, with all of the powers they need. we have the inquiries to get to the bottom of what went wrong. >> reporter: it's put former "news of the world" editor, rebecca brooks under incredible pressure. he's now chief executive of the parent
on the right with rupert murdoch on the left. she could be questioned by police today. les hinton told investigators in 2007 that the firm hiking was limited to one reporter. news internation nal said that that conclusion was based on an examination of 2,500 e-mails. but the shocking resch lagss continued to pile up and i suppose the rest is history and now media mogul rupert murdoch has flown no to take part in what is just a mench. he's trying to save the takeover of his british sky broadcasting known as b sky b. it does have the backing of news corps. despite that monday's independence says the deal appears, quote, dead in the water, pauline. >> well, charles, let's take a look at how all of this has affected the stock. it's dented news corps shares. it was one of the worst performing stocks on the sydney today, down 5.1%. at the close on this monday, it was selling at 15 aussie dollars. with the deal in question, it could slide even further. charles? >> don has been following this saga and joins us outside the house of commons. dan, what is the mood. is there a mood to stifle this
empire, this just a day after rupert murdoch insisted to lawmakers he didn't know much. >> i don't know. >> i don't know. >> i was not aware at the time. >> i don't have any memory. >> i don't know anything about that. >> i'm not sure what i said. >> i cannot spare to the accuracy of it. >> i just don't remember. >> check this out, a pie attack. you see it there, bottom left of your screen. the most memorable moments of the intense two-hour hearing. the pie man is a comedian who sent a tweet before the attack comparing murdoch to mr. burns, yes, that mr. burns on the left, the sinister but powerful simpsons character. the attacker is facing criminal charges this morning. will rupert murdoch face any? here is jeffrey toobin on "ac 360." >> a lot of people have talked about the possibility of criminal charges in the united states, the foreign corrupt practices act or something connected with hacking of 9/11 victims. there is really no credible evidence at all of any sort of american criminal violations by anyone in connection with news corp. so i really think the question is really a busi
, july 8th. news corp boss rupert murdoch folds his tabloid. >>> shuttle "atlantis" files up for one final foray. >>> and harry potter fans unite for one last wave of the wand. >>> it's the end of the "news of the world." that shamed british sunday newspaper is shutting down. after this weekend's edition and 168 years of history, the last edition of the "news of the world" will have rolled off the printing presses. >> now, as outrage spread from the public to the politicians and finally to the advertisers, rupert murdoch took decisive action. his son, james, announced the paper would close after this coming weekend and that all the staff would be out of a job. james, of course, is the chairman of news international. he posted his statement online for all to see. the key line in that statement, the news of the world is in the business of holding others to account, but it failed when it came to itself. charles? >> it appears that failure could lead to the arrest of this man. former editor andy coorson. reporting suggest that he is supposed to turn himself over this morning in the phone
malveaux. let's get you up to speed for monday, july 18th. this scandal shaking rupert murdoch's media empire claimed another casualty today. london's assistant police commissioner john yates resig d resigned. yates calls his decision, quote, crap. his resignation is one day after scotland yard chief paul stevenson quit. he came under fire for hiring a former "news of the world" editor as his pr kumt ant. that man was arrested in the scandal last year. british lawmakers expect rupert murdoch's protege rebekah brooks to show up tomorrow to answer questions. despite her arrest over the weekend, her spokesman says she will be there. she's denying she knew her reporters hacked phones for scoops while she was the newspaper's editor. rupert murdoch, chairman of news corp, and his son james are expected to testify alongside brooks tomorrow. they will appear before parliament's media committee. >>> a heatwave hitting the middle of u.s. extremely high humidity makes it feel as hot as 117 degrees in some places. that heat is creeping east. >> brutal. i probably lost 10 pounds today. it'
that brought down -- that is bringing down parts of rupert murdoch's news empire. i'll get you more on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. b
want to get back to our top story, in-depth look into the phone hacking scandal at rupert murdoch's news corp. matthew, first to sean hoare's death, not suspicious, that's what police say, but certainly a strange turn of ooenchevents. >> another bizarre twist. sean hoare, one of the main whistle blowers, first journalist to go on record to accuse andy coulson, former editor of "news of the world" and former director for david cameron, not just knowing about the phone tapping that he alleges went but condoning it and encouraging it. he appeared in the press with more controversy. saying that they had access to sensitive police technology for cash payments, by using what's called pinging to pinpoint through mobile phone signals, the whereabouts of people they wanted to track down. that was another scandal he blew the whistle on, a few moments before he was found dead. we don't know the exact reason for his death at this point. there will be an autopsy i suspect. another twist in the ongoing saga. >> by the time we finish the segment on the show, things could have changed already. t
and what it means to rupert murdoch's empire. this is "piers morgan tonight." good evening. a little later, i'll speak with nancy grace, the woman that put the casey anthony trial on the map and became a lightning rod for her opinion on the woman she dubbed tot mom. first, the phone hacking scandal. i was editor of two major british tabloid newspapers. i was editor "nufz the world" from 1994 to 1995. and i was also editor from "daily mirror" from 1995 to 2004. for the record, i don't think any article we published was ever obtained through illegal means. b i readwrote a detailed book on experiences. i want to bring in jessica reef cohen, porter bibbing managing partner of medical tech capital partners and john coffey and kendall lesser, author of google, end of the world as we know it. this is a quiet, unprecedented, extraordinary situation. two of rupert murdoch's ceos resigns, two top police officers, gone, resigned. a whistleblower has been found dead. police have been stressing, they don't think it's suspicious. have you seen anything like quite like this? and as rupert murdoch prepare
the "news of the world" hacking scandal is the talk of the nation. both political parties say rupert murdoch should drop his bid to buy a major satellite broadcaster. prime minsters david cameron wants an inquiry. they've called for murdoch, his son james and a former editor of the newspaper to testify before parliament this week. >> there are an awful lot of questions as to why this continued for so long, who authorized it, the extent of the activity, not just now, but also, we understand in other international newspapers, possibly even wider. there are an awful lot of questions that have to be addressed. >>> the scandal has torpedoed shares in murdoch's company. news corp's shares are down 14% since july 4th. >>> police in florida arrested a plan they think shot and killed a priest. apparently the suspect made the manhunt pretty seize zi. jeremy mariani gunned down the priest at a beach house in mississippi, stole the money and the car and took the family to disney world. the s.w.a.t. team nabbed him outside of world. >>> quickly, let's talk about the alleged tucson gunman, loughner. a fe
again to strike a deal to raise the debt limb. media mogul rupert murdoch is summoned in to face lawmakers who are investigating phone hackers within his media empire. i'm wolf blitzer in "the situation room." all right, bargaining over america's debt under way right now. president obama went into the fourth round of talks in recent days, upping the ante. he's suggesting that failure to reach a deal by the august 2 deadline could immediately cost many americans who rely on a government check to get by. they're meeting inside the west wing as we speak. what's the latest. >> as we speak, wolf, this is really the first time we've heard the president specifically illustrate consequences that will make many americans ears perk up. this as this meeting continues. no cameras allowed today for a photo opportunity as president obama talks with the top eight democrats and republicans in the house and senate is an impasse over tax increases continues. >> as an impasse over tax increases continues. president obama illustrated a nightmare scenario where social security payments stop going out
. >>> media baron rupert murdoch has abandoned his attempt to take over bskyb. it was dropped after all the parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch's media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he's 4 surgery. >>> those are the headlines. those are the headlines in cnn in london. "world business today" starts now. >>> very good morning to you from cnn rome. >> and good afternoon from cnn hong kong. i'm pauline chu and this is "world business today." these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there's a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. >>> meanwhile, italy races to push through austerity measures and restore confidence in the country's economy. >>> plus, rup
media scandals straight, please? >> if you blinked today, you'd miss something. if rupert murdoch thought getting to the weekend and closing down the news of the world the sunday tabloid read by about 5 million people in this country was going to draw a line in this scandal, he was sorrily mistaken. news today that the prime minister, the former prime minister, gordon brown, may have had information by reporters not from the news of the world, in fact, but from another paper in the same stable of newspapers, that is the news international family. i've just got a tweet from -- from his wife, sara, who said so sad to learn all i am about my family's privacy. it's very personal and really hurt if it's all true. now, the allegations are that reporters from the sunday times newspaper may have tried to get information from his accountants and his banks and tried to get medical records on one of his sons who sadly has cystic fibrosis. really a quite dreadful and scandalous part of a big scandal. wasn't just the biggest guy out there today who may be a victim of this targeting. charles an
an extraordinary grilling. rupert murdoch will come face-to-face with outraged members of the britt parliament. they are supposed to hammer him and his allies on a empire destroying jobs and careers and now raising new questions about his company's conduct right here in the united states. bribery, hacking, corruption of power. lawmakers say the allegations are not about just sleazy journalism, about the power of an empire that has gone largely unchallenged, before now. it's 9:00 a.m. on the east coast and 6:00 a.m. on the west coast. thanks for joining us. >>> here are other stories we will take a look. another step in the nation's debt crisis but not any closer to a final deal. the house will vote on a republican measure but the president says he won't even consider it. the government deadline remains august 2nd before it runs out of money. >>> the space shuttle "atlantis" on its way home. this morning, it did undock from the international space station and began the final voyage in the program's 30-year-old history. >>> now back to the murdoch media scandal and the players who will appear be
after rupert murdoch tried to repel the british assault on his empire, it's the prime minister's turn to face parliament. david cameron tainted by claims that he was too cozy with the media giant and drew raucous responses in his appearance before the special session. >> what is the public expects is not petty political point scoring but a -- what -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all and it is in that spirit that i commend this statement to the house! >> across great britain, public and political outrage has been boiling over claims of police bribery, phone hacking and a heartless abuse of power. james and rupert murdoch walked into parliament knowing that they had to tamp down some of that public anger so did they succeed some atika shubert is in london now. what are the people saying on the streets, atika? >> reporter: well, the remark that most people are really focused on is one of the mps, tom watson really grilled rupert murdoch and bluntly asked him do you thin
for rupert murdoch and his media empire rocked by shame. today, talk of new investigations from washington to london. >>> we are keeping a close eye on wall street and who could be good news for your investments. stocks appear ready to rebound from nagy worries. ♪ ♪ i'm a rocket man >> the space shuttle "atlantis" awaken to elton john, first singing and then delivering a message of personal thanks. >>> rupert murdoch built a media empire on the power of selling a scandal but now it's his mighty news corporation that is under siege from london to washington. a prominent u.s. senator jay rockefeller wants to know if u.s. citizens fell victim to sleazy or illegal news gathering so he is calling for an investigation amid reports that victims of the 9/11 attacks are among the nearly 4,000 people who had their phones hacked. the outrage is crushing. over the past week, the media giant has lost nearly $7 billion in market value. and the political damage is mounting. today, britain's prime minister meets with the family of a murdered little girl after a murdoch newspaper allegedly hacked her c
. rupert murdoch tells parliament he's not responsible for the phone hacking debacle that tarnished his media umpire. some of his staff staffers are punching back. >>> an angry president obama said the debt talks collapsed on friday right after "the new york times" said the two sides were close to a deal. is the president being spun in this budget brinksmanship which continues today. an online report about michele bachmann suffering from frequent migraines become as headache for her campaign. would that story be written about a man? >> yank uighar quits because he says the network told him to tone it down. he'll be here and he won't be toning it down. this is "reliable sources." >>> he looked well, 80 years old as he sat in the witness chair and hall tingly answered the questions. rupert murdoch says he runs a big company and couldn't be expected to know the details of illegal conduct at one london tabloid or precisely how it was covered up. the chief executive of news corp. went out of his way to down play his influence. >> sometimes i would say to keep in touch. i edit "the sunday tim
to their conference and they say, more cut us. parliament demands an explanation from rupert murdoch. why is the best known libertarian leaving congress? [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. with new extra-strength bayer advanced aspirin. it has microparticles, enters the bloodstream faster and rushes relief to the site of pain. it's clinically proven to relieve pain twice as fast. new bayer advanced aspirin. it's clinically proven to relieve pain twice as fast. we inspect your air filter, cabin filter. there's bugs, leaves, lint, crud. you'll be breathing that. i do believe it's part of a locust. make sure your alignments good. your brakes are good. you've got all sorts different things that you check off. your fluid levels. pretty much everything you could need. it gets done. it gets done quickly. and it gets done correc
. rupert murdoch who owns the paper decided to shut it down after allegations surfaced that its journalists illegally hacked phone messages belonging to murder and terrorist victims. rupert murdoch is expected to arrive in london tomorrow to deal with this crisis. >>> coming up, we will have a live report from london on the fallout from the scandal and what it could mean for the rest of rupert murdoch's vast media empire. >>> and the media everywhere have joined the chase after these two, the royal couple now on their whirlwind itinerary in southern california. but the duke and duchess of cambridge also have serious work ahead of them. ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ control your budget? yes. our "name your price" tool shows you a range of options. you pick a price that works for you. perfect. only one thing could make this better. both: '80s montage! ♪ progressive '80s montage ♪ he drops some box
fighting for his reputation. you will see rupert murdoch's very public apology and a man who used to work for one of his newspapers talks to cnn. and critics say that the rochester police force there has some explaining to do. are they protecting people or is it harassment? >>> take a look at the nails. how does she function everyday? well, she will show us later on in the show. and you are on social media and we are, too. you can reach out on twitter or facebook on cnn.com/don and on foursquare.com as well. my book is called "transparent" available at e version or get it there or anywhere books are sold. geico, saving people money on more than just car iance. ♪ geic ♪ ♪ ♪ [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. experience the summer of audi event and get over 130 channels of siriusxm satellite radio for 3 months at no charge. a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural
.m. on the west coast. i'm kyra phillips. thanks for joining us. >>> rupert murdoch facing new allegations of slesing reporting tactics. two more of his newspapers engulfed in scandal. live images now as two crew members from the international space station begin a lengthy list of chores. >>> cia plot revealed in the chase of osama bin laden. we will tell you about the fake vaccination drive to collect dna samples. >>> we begin this morning with the most powerful media empirs in the world rocked by a scandal that grows deeper and wider. two more of rupert murdoch's newspapers in great britain now face their own accusations of appallinging wrong doing. their report target no less than the royal family and a former prime minister. in fact, gordon brown says the paper had links to criminals in order to hack into his bank accounts. and the medical records of his seriously ill son. meanwhile, members of parliament are demanding tough answers from police. how do they not uncover a hacking conspiracy that could mushroom to thousands of victims? let's get the latest from rivers live in london. the
. they can't force rupert and james murdoch to appear but they can force rebecca brooks to appear. if she continues to refuse to respond, issue a summons to her, they receiptcally they could send their security apparatus of the house behind me down to actually force her, you know, arrest her effectively to come along. >> all right. dan rivers for us. thanks so much. we will continue to follow this, of course, every day, new development and more troubling development. >>> still to come this morning, high ask dry. first lost their paychecks and now there may not be any beer to help pass the time during the government shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hote
. rupert and james murdoch, the father and son team in this. after their testimony yesterday no matter what we thought of it, news corp. stock rose almost 60%. did they dodge a bullet? >> not necessarily. a number of reasons stock may go up. one may be that you think rupert looked so unwell, so old that even a page said age of the issue. actually the cooperate governance may get better. >> he didn't look very strong there. there were these weird contractions that happened. in one breath he said i couldn't know what was going on with me employees. then someone else said could it happen 9/11? then he said no that couldn't. how did you know? >> we didn't know bin laden was there or we knew and didn't do anything about it. you can't have it both ways. >> exactly. let's turn to david cameron. is the worst behind him? >> certainly not. because we've got a whole year's worth of judicial inquiry. all of which will keep this alive. then we've also got the police investigation. 8,000 people were hacked. all of those are -- >> we've only heard about 100. >> 170 have been hacked so far. we don't know y
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